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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2016
EARNINGS PER SHARE  
EARNINGS PER SHARE

 

16.EARNINGS PER SHARE

 

A reconciliation of the weighted average shares used in the basic and diluted earnings per common share computations for the years ended December 31, 2016, 2015 and 2014 is presented below (in thousands):

 

 

 

2016

 

2015

 

2014

 

Weighted-average shares outstanding:

 

 

 

 

 

 

 

Basic

 

587,874

 

566,448

 

501,771

 

Dilutive securities

 

11,945

 

11,310

 

21,084

 

 

 

 

 

 

 

 

 

Diluted

 

599,819

 

577,758

 

522,855

 

 

 

 

 

 

 

 

 

 

For the years ended December 31, 2016, 2015 and 2014, options and awards outstanding totaling 5.7 million shares, 3.0 million shares and 2.1 million shares, respectively, were excluded from the calculations as their effect would have been antidilutive.